A recent study states that healthcare organizations lose 5% of net revenue due to defective revenue cycle processes. An inadequate and fragmented revenue cycle results in lower collections, missed revenue opportunities and process breakdowns.
The transition to the value based payment model and regulatory pressures are backing healthcare organizations into a corner. We help you fight back! We redesign your workflow and processes to help you achieve optimal net collections and reduce primary cost drivers. BillingParadise offers revenue management solutions that are designed from the ground-up, to meet your needs and priorities.
Start the conversation. Improve revenue, compliance and RCM efficiency
We have specialized teams of medical billers and coders who hold speciality specific certifications to handle your billing and coding tasks
Stop relying on fixes. BillingParadise offers solutions that cover the entire spectrum and goes the extra mile to offer innovative and practice specific RCM solutions. We work 3 shifts so your front, mid and back-end revenue cycle is always taken care of. As reimbursement pressures mount, losing 16 hours a day can lead to claim lags and delayed timelines. That is why we work 24/7. Here is a breakdown of our 24/7 revenue cycle management process.
Are you tracking your charge capture metrics and collection KPIs? No sweat. We can do it for you! Track revenue metrics with our all new revenue tracking and analytics app, theBillingBridge. Get a detailed overview of your revenue performance with the annual RCM analysis report. Know your monthly collection metrics and run comparison reports of monthly collections with ease.
theBillingBridge offers realtime revenue tracking capabilities. Intrigued? Demo the app today!
Scrutinizes insurer compliance with contractual terms and audit remittances.
Lists out top paying CPT codes so users know where to focus on to drive up revenue.
Inbuilt claims scrubbing tools to increase your first pass claim acceptance rate
Maps denial reason codes to identify denial trends and address problem areas.
Prioritizes and organizes pending AR into buckets based on age, claim value & insurer.
Provides extensive net collection reports that detail insurer and patient collections.
The words that mean the world to us...
I used to wonder why after working for almost 10 hours a day my collections were dismal. I found out that the fault lay with my billing team who couldn't come up with innovative solutions. My collection ratio has increased by almost 30% after working with team BillingParadise